
By Food Items, Year-on-Year
Generally, for the year-on-year inflation rates modestly accelerated for all food items.
Vegetables and Bread and Cereals (Corn) persisted to have the highest price
increases in February 2016 with 8.0 and 7.6 percent, respectively.
The lower prices of meat contributed to continued negative annual inflation rates of
the commodity.
Table 4. Year-on-Year Inflation Rates of Selected Food Items,
CAR: February and January 2016 and 2015
(2006 = 100)
*Includes flour, cereal preparation, bread, pasta and other bakery products
Purchasing Power of the Peso (PPP)
The value of the peso in CAR dropped to 71 centavos from last year’s 72 centavos.
Meaning, that market value of goods and services worth 71 centavos in February,
2006 were bought at one peso in February 2016.
Compared to February 2015, the PPP of all the provinces decreased.
Apayao had the highest peso value at 76 centavos followed by Abra at 75 centavos
and Kalinga at 73 centavos. Meanwhile, Mt. Province had the lowest peso value at 66
centavos.
Sugar, Jam, Honey,
Chocolate &
Confectionery